Printer Friendly

IRS wants 'revival' of fraud referrals to CID.

In November, IRS Update reported that an American Bar Association subcommittee report recommended the IRS criminal investigations division get back to basics: reemphasize enforcement in the legal-income sector--tax crimes committed by otherwise law-abiding citizens--and put less emphasis on tax crimes by narcotics dealers and other criminals. (See JofA, Nov. 91, page 32.) An IRS internal study now has redefined the mission of the service's criminal investigations division (CID) and outlined changes the IRS will make to put more emphasis on legal-income crimes.

The encouragement of voluntary compliance with the revenue laws, not formerly included in the CID mission statement, will now be a stated goal. The study recommends varios measures to achieve balance between legal- and illegal-income enforcement. It recommends, for instance, spending more money on legal-income tax crimes and putting limits on resources spent on narcotic programs.

The study also recommends revived emphasis on the fraud referal program. CID would work with Examinations and other IRS divisions to beef up identification of significant fraud cases for referral to the CID.
COPYRIGHT 1992 American Institute of CPA's
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

Article Details
Printer friendly Cite/link Email Feedback
Title Annotation:Criminal Investigations Division
Author:Wagenbrenner, Anne
Publication:Journal of Accountancy
Article Type:Brief Article
Date:Feb 1, 1992
Previous Article:IRS says more businesses are complying with anti-money-laundering rules.
Next Article:Update: Congress pushes for corporate matching.

Related Articles
Penalties for tax fraud against a corporation.
AICPA offers guidance on IRS financial status auditing.
Not all trusts are trustworthy.
Delay in Civil Case While Criminal Investigation Was Pending Was Not Ministerial Act.
Queens landlords face 35 years after tax fraud convictions.
Amnesty for offshore tax evaders.
Corporate tax departments and the new focus on corporate criminality.
The perfect storm gathers: recent announcements by the IRS coupled with the climate of increased law enforcement call into question continuing...
Deferred prosecution agreements: implications for corporate tax departments.
Can your tax client (or you) go to jail?

Terms of use | Copyright © 2017 Farlex, Inc. | Feedback | For webmasters